Global Power | Local Knowledge | Uniquely Personal

Australian property 'eyed by Asian investors'

Asian investors are particularly keen on Australian property.

Asian investors are increasingly showing interest in Australian property, it has been claimed.

Korean investors in particular are believed to be looking to shift their assets away from that region's political tensions, with Australian property judged to be a good option.

A source told the Australian Financial Review that calls from Korean investors have rocketed over the course of the last few weeks but added that "they need a lot of hand holding" and "once they turn, they turn quickly".

Invesco is thought to already have mandates from Korea Life and Korea Post after opening an office in Sydney in 2012.

The strength of the Australian dollar may yet dampen the growth potential of any overseas interest in Australian real estate, a source warned the newspaper.

Rising house prices were recently singled out as one of the reasons why the consumer price index has risen the first quarter of the year by 0.4 per cent in Australia, up from a 0.2 per cent rise in December.

Posted by Craig Francis

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact

Subscribe Now